REG-VerizonCommunication: 3/4/16: Verizon declares quarterly dividend <Origin Href="QuoteRef">VZ.N</Origin>

Verizon CommunicationsAnnouncement

04/03/2016 18:10

3/4/16: Verizon declares quarterly dividend                  

NEW YORK, March 4, 2016 -- The Board of Directors of Verizon Communications
Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 56.5 cents per
outstanding share, unchanged from the previous quarter. The dividend is payable
on May 2 to Verizon Communications shareowners of record at the close of
business on April 8.

Verizon has approximately 4.1 billion shares of common stock outstanding. The
company made $8.5 billion in cash dividend payments in 2015.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) employs a diverse workforce of
177,700 and generated nearly $132 billion in 2015 revenues. Verizon operates
America's most reliable wireless network, with more than 112 million retail
connections nationwide. Headquartered in New York, the company also provides
communications and entertainment services over America's most advanced
fiber-optic network, and delivers integrated business solutions to customers
worldwide.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and
biographies, media contacts and other information are available at Verizon's
online News Center at www.verizon.com/news/. News releases are also available
through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Bob Varettoni
908.559.6388
robert.a.varettoni@verizon.com



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